With a commitment to invest pounds 20 million by the end of 2012, up to a maximum of pounds 50 million by 2020, this is a hugely exciting time for the site, the RASE, Stoneleigh Park and the local economy.

RASE spokeswoman Alice Bell said: "Grass management is an increasingly important topic, given rising fertiliser prices, environmental concerns and the need for bigger yields to offset the squeeze on margins.

Mr Chamberlain said earlier in the week that failure to make changes to the way the Royal Show was presented had left the Rase with a dilemma of scrapping it or continuing to subsidise its pounds 200,000-a-year losses.

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